Compliance Audit in Malta
We check how your business in Malta meets its AML/CFT, regulatory or internal policy obligations.
- FinanceMalta and IFSP member
- Kept separate from your statutory audit
- Independence discussed before we start
You will speak with Andrew Fenech
Why Borg Galea
Vifto, our own platform
Our Malta-specific cloud accounting platform, with real-time access to your records where it is included.
More than the audit
Accounting, tax, corporate, regulatory and maritime work through the same relationship.
A team in Birkirkara
The team works from our office at Centris Business Gateway, Birkirkara.
“I really enjoyed the process with Borg Galea & Associates, of whom I have been a client for the past few years. They work one-to-one with you to make sure your business receives the attention it requires. The whole team has always been prompt, professional and highly responsive. I would recommend anyone to use their services as it feels more personal than other larger providers out there. Big thanks and looking forward to keep on working with you in the future.”
Marcel JaegerDirector - Infinium Digital Holdings- Borg Galea is a member of FinanceMalta, IFSP, MIA, MIT and MEA.
What prompted the review?
- 01
A planned review
Tell us the area, the activities involved and the period to cover, plus any specific requirement or internal policy.
- 02
An examination or enquiry
Tell us who contacted you, what they asked for and the response date. We discuss the support needed once the scope is clear.
- 03
Findings already raised
Describe the findings and what you have done since. That tells us whether the next step is a review, advice on changes or follow-up work.
Agree the review before work begins
- 1
Discuss your situation
In a first consultation we establish the concern, the requirement and any deadline, and whether a review fits.
- 2
Define the scope
We agree the areas to review, the records needed and any independence considerations.
- 3
Agree the proposal
Scope and fees are set out in a written proposal; work on findings is included there or proposed separately.
Who you will work with
Julian Sammut covers risk and compliance, working with the audit team below.
Julian Sammut
Risk & Compliance Manager
Nathaniel Borg
Audit Director & Co-Founder
Tatiana Muscat
Audit Manager
Andrew Fenech
Before requesting a compliance review
What can a compliance review cover?
The processes and records behind a particular obligation, such as anti-money laundering and counter-terrorist financing (AML/CFT), a regulatory requirement or an internal policy.
Is this the same as our statutory audit?
No. A statutory audit concerns financial statements; a compliance review covers the obligations set in its scope. Tell us what prompted the enquiry so we can discuss any independence considerations.
Will a regulator accept the outcome?
A private review does not determine a regulator's decision. We set out the work and reporting we can provide; any authority makes its own assessment.
What will it cost and how long will it take?
That depends on the scope, the records and the work required. Pricing is agreed in advance in a personalised written proposal, with no hidden charges, and we discuss timing with you.
Ask about a compliance review
Tell us the requirement involved, the period concerned and any notice you have received.
You will speak with Andrew Fenech